The City Council of Vancouver recently gave developers the ability to create smaller units attached to condos for buyers to use as rental property.
"Vancouver architect Michael Geller, who pioneered the idea in the UniverCity development at Simon Fraser University, said people should think of them as 'basement suites' or 'mortgage helpers' in the sky.
Just as basement suites allow people to purchase a larger house, Geller explained, secondary condo suites could enable homebuyers to purchase a three-bedroom over a two-bedroom condo."
FULL STORY: Council OKs ‘mortgage helpers’ in the sky
Putting in Condos Without Kicking Out Renters in Vancouver
Transit oriented development doesn’t have to mean evictions and demolitions for existing renters, but often it does.
Report Finds Much Ado About Nothing for Vancouver Real Estate
Despite reports to the contrary, a recent report created in part by the City of Vancouver, finds that most housing types in the city have yet to be sold to absentee landlords.
Why Are There So Many Vacant Condos in Vancouver?
New analysis of census data has found that a quarter of the condos in some areas of downtown Vancouver are empty or occupied by non-residents, leading analysts to raise concerns about the role of investors in the city's housing market.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
California Grid Runs on 100% Renewable Energy for Over 9 Hours
The state’s energy grid was entirely powered by clean energy for some portion of the day on 37 out of the last 45 days.
New Forecasting Tool Aims to Reduce Heat-Related Deaths
Two federal agencies launched a new, easy-to-use, color-coded heat warning system that combines meteorological and medical risk factors.
AI Traffic Management Comes to Dallas-Fort Worth
Several Texas cities are using an AI-powered platform called NoTraffic to help manage traffic signals to increase safety and improve traffic flow.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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